The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1887-08-10

/ in the great South Penn and Beech Crs-s I
railroad light was taken to-day by the Penn.
| syivania Tailroad. which Is designed 10 pre-
Ircting line acr,ss the State Two bills IN
eqai;y wer. iiIei late in the afternoon hy
Hon James A Logan, solicitor Of the sz,us-
pany. ia the L. : fours for the southern
District Of New York. the first by the Bed
ford and Bridgeport Railroad Company, the
I Pennsylvania Company and the Pennsyiva-
MIA Raiiriad, and the second by the Nor
ihern Central railway The iirSt bill asks for
an injunction restraining the parties who
s.,ld the Sonih Pennsylvania Railroad To the
eompiainants from doing any act which viii
interiors with the eornpiainants rights in
the South Pennsylvania by sale, reorganiza-
ton or in any other way
coScEssESs TIVE BEECH CREEK.
The second bill asks the Court to restrain
the executors OF the estate of W h Wander
bit from selling or dispoeing of the Beech
Creek Railroad against the interests of the
Northern Central Railway, which purchased
a controlling interest in the property from
Mr.. Vanderbilt in 1855.
HosTEITERs : VIEW.
l DR.. Hostetfer expressed himself freely 10 q
reporter Friday in regard to the latest effort
Of the Pennsylvania Railroad Company to
prevent the building Of the South Penn rail-
rssad by suits in equity which were entered
At Philadelphia last saturday. Fun details
Of al the legal points involved weIe given
in the telegraphic columns ofthe oss,alezeiai
Gazeffc last saturday, and it is only neces-
sary To state here that the main object Of the
suits by the Pennsylvania and its ally, the
Northern, Central. Is to prevent the sale by
the Yanderbilis Of the Beech Creek rail-
road to the reeognizers of the South Penn
road
ONLY BLUFT.
'' The Vanderbilts own the Beech Creek
railroad, said Dr. Hostetter, and they can
dispose OF il as they please. This last suit of
the Pennsylvania railroad is virtually the
same as the one which was decided against
them in the supreme Court at Harrisburg.
and ii i only bluff They cannot win, and
the suit l. brought merely for the purpose of
causing delay in the bniiding of Of the sonth
Penn. The Pennsylvania Company made
money over and above their expenses in
lighting the suits, by the two years delay
they have now caused in the South Penn,
and the longer they can stave il OFF the more
money they viii make
But | see tiie Pennsylvania or rather she
Northern Central, claims to have purchased
controlling interest in the Beech Greek
from Mr. Vanderbilt in 1855 said the re-
porter
Well If they own H. why don't they run
il l; seems 70 me that you or or anybody
els, would run road if We owned ii.
Must BE BUILT.
In response TO question as to whether
the IaieS; suit could possibly prevent the
building Of the South Penn, DR.. Hostetter
replied that Il could not.
The Vanderbilts have s2.oo06o invested
in the road now. he said and they win
undoubtedly go ahead. They cannot dis
pose Of their stock
In other words, [ suppose they must
build to save themselves. . ventured the re-
porter.
That is IT, they must build to save
themselves But aside from that they now
have every reason for pushing the work 70
completion. Their stock was once offered TO
the Pennsylvania rslilroad, but il was not
taken. and believe for the reason that I
would not sell out ami now that road cannot
take il. Old Mr.. Vanderbilt was frightened
into selling out the South Penn through fear
of losing large portion of his New England
trade, the Pennsylvania then controlling
the West Shore and being in position 10
do him much damage, or at least he thought
they could do 50 and preferred to stay out
OF Pennsylvania rather than have a fight for
his traffic from the New England States to
the West. Now the yanderbilts control the
West Shore. can reach the West by the lake
routes. and have nothing 10 fear.
OFFERS OF MILLIONS.
In his concla,iing statements, DR. Hostel
Ter said that the South Penn management
was doing nothing but getting subscribers TO
stock into the new organization. All # the
large stockholders Of Pittsburgh and Piila-
delphia have gone in. he said. and he expec-
ted no trouble with those in New York, but
that nothing Of very great importance VIII
probably be done until October as Mr. car
negie Mr. PhiPps. Mr. Frick and others,
who are now IN Europe will not BE- back
until that time But when they return
meeting viii be held and decisive action ts.-
ken.
He also stated that lie received letter
few days since from gentleman living along
the line of the south Penn who said he
could raise -. 100000 among subscribers in
the valley in which he resides if the money
should be needed to complete the road
The Philadelphia Rooord of Friday said
q 1t has been decided to suspend the negotia-
tons FOR the completion Of the South Penn
syivania Railroad until September George
F Baer, of Reading. the chairman of the
trustees appointed by the stock and bond
holders, has sailed for Europe. While there
he viii meet ex-President Gowen, of the
AeSA'iiiE A~A4tAtaA- akfe a EAdh VI Dltidts1s4S
will be arranged 10 be carried out when Mr.
Gowen shall come back to Philadelphia in
the fall. DIR. Hostetter. one of the heaviest
subscribers to the South Pennsylvania rail-
road, was in the city yesterday. and talked
with.a number of other gentlemen interested
N the line All the large subscribers have
signed the plan for recommending building
operations. Ii was positively stated thai An
drew Carnegie hSd not, as has been reported,
assigned all his interest in the South Penn
sylvania TO the Pennsylvania Company, and
there was reason to believe that he would
again join hands with those who desire the
completion of the road. The address of
President Roberts for the Pennsylvania Com
panp. and not the Pennsylvania Railroad
Company asking an assignment of all rights
in that road 10 the above named corporation
has been returned after circulation among
the stock and bondlolders, and bears fewer
signatures than bad been expected.
Fish for Pennsylvania. Il
The report OF the state commissioners Of
fisheries for the year 1855 ~ has Just been
issued. The commissioners have built a
hatchery II Erie, in which l,625.Uo white
fish were haiehef last year, being about -
per cent Of the l6,Voo,0oO Of eggs obtained